According to a research report "Enterprise Mobility Management Market by Component, Solution (Mobile Device Management, Mobile Application Management), Deployment Mode, Organization Size, Vertical (BFSI, Manufacturing), and Region - Global Forecast to 2026" published by MarketsandMarkets, size is expected to grow from USD 16.6 billion in 2020 to USD 63.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. EMM is a software solution used by enterprises to manage, monitor, and secure mobile devices, such as smartphones, laptops, and tablets, across all mobile platforms in an organization. EMM is also used to optimize the security and functionality of connected devices in enterprises, while simultaneously protecting the organization’s network.
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Increasing use of devices and data by
companies to know more about their core business processes driving the adoption
of managed services segment of EMM
platforms during the forecast period
Managed services are
offered by third-party vendors that manage software and solution updates. These
services help organizations monitor various endpoints and ensure that security
policies are appropriately configured. Organizations that opt for managed
services are able to receive scheduled reports on various devices. Managed
services also provide access to industry best practices and deep-rooted
transformation expertise without impairing the internal operations of
organizations. They offer technical skills that are required to maintain and
update the software in the EMM solution.
Rising need to secure data by large firms to
drive the demand for on-premises to hold a larger market size
Data security concerns among the
end-users is contributing to the higher adoption of on-premises EMM solution globally. The on-premised EMM solution is majorly deployed by the large
organizations as it has better ability to invest. Moreover, large firms have
wide variety of business segment with serving to broader geographical reason
hence data security is of utmost importance.
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North
America to dominate the market during the forecast period
North
America is estimated to account for the largest share of the market in 2020.
North America constitutes of developed economies, such as the US and Canada.
The North America EMM market holds the highest market share. Along with
digitalization, the desire to increase the efficiency and productivity of
mobile devices is one of the factor for the growth of the market. A surge in
the dependence on BYOD and CYOD trends in the US and Canada provide employees
real-time access to various data and applications, which has also led to the
region adopting EMM solutions. An increase in the usage of mobile devices by
employees at work is a norm practiced by companies of all sizes.
The
major vendors offering EMM solutions are
IBM (US), Microsoft (US), Cisco (US), BlackBerry (Canada), VMware (US), SAP
(Germany), Citrix (US), Matrix42 (Germany), MobileIron (US), Nationsky (China),
Snow Software (Sweden), Sophos (UK), SOTI (Canada), Codeproof (US), Netplus
Mobility (US), Hexnode (US), ManageEngine (US), Miradore (Finland), Quest
Software (US), Ivanti(US), Scalefusion (India), 42Gears Mobility Systems
(India), Social Mobile (US), AppTech
(Switzerland), and Jamf (US).
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